Oil ETFs Bounce After Goldman Points to Supply Deficit
May 16, 2016 at 13:57 PM EDT
The global crude oil supply glut may have turned into a deficit on unexpected production disruptions and higher demand, bolstering oil commodity and sector-related exchange traded funds. Leading the charge on Monday, the PowerShares S&P SmallCap Energy Portfolio (NasdaqGM: PSCE) rose 4.0%, SPDR...
